Single-Let And Small Scale Landlords Account For Up To 80% of All New UK Mortgage Applications.
There has been a large rise in the number of ‘Single-Let Landlords’ (landlords with just one buy-to-let property), and small scale landlords (those typically with less than four properties), over recent months up to November 2012.
This is the result […]
Single-Let And Small Scale Landlords Account For Up To
80% of All New UK Mortgage Applications.
There has been a large rise in the number of ‘Single-Let Landlords’ (landlords with just one buy-to-let property), and small scale landlords (those typically with less than four properties), over recent months up to November 2012.
Rise In Single Let Landlords Accounts For 80% Of All New Mortgage Applications
This is the result of many new investors being drawn in to the buy to let markets by high rents and increasing yields. Average private residential property rents have risen month on month over the last nine months and it is now estimated that Single Let and small scale Landlordsnow account for approximately 80 % of all new buy to let mortgage applications.
Continue reading »
